Yes, it is time to upgrade your Wordpress blog. Some of the key highlights of this release includes ..
- A fix for the Trackback Denial-of-Service attack that is currently being seen.
- Removal of areas within the code where php code in variables was evaluated.
- Switched the file upload functionality to be whitelisted for all users including Admins.
- Retiring of the two importers of Tag data from old plugins.

Wordpress.com
For more information on this release, check out their official blog.
After learning it the hard way, my fellow bloggers (and readers who have hosted Wordpress blogs) upgrade your Wordpress blog NOW!
Also, check out the Matt’s post on “How to Keep Wordpress Secure“.
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